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Author Topic: Don't forget to HODL your BTC!  (Read 12385 times)

Offline UNIVERSE

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Re: Don't forget to HODL your BTC!
« Reply #180 on: August 20, 2024, 11:09:35 PM »
Investing in Bitcoin for the long term certainly has an element of time here, because it takes a long time to get big profits. Maybe you are right, the price of bitcoin will touch 1 million dollars but it will take a long time to hold it if you want that price. Because currently the price of bitcoin is $59K, prepare free funds that you have and don't use for a long time if you want to hold it for the long term.
As far as I know, if we want to hold Bitcoin for a long time, we must be patient. It is not easy to hold a long time, we must be deal with many bad news. When there are bad news, the price of Bitcoin should tend to drop. Sometimes the decrease can be quite massive. If we are not patient, we must quit soon at that time.

We don't know when Bitcoin can reach $100k. But I also really expect it because I want to sell at a high price. Yes, now Bitcoin is only $59k, it is still very far from $100k.  :'(


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Re: Don't forget to HODL your BTC!
« Reply #180 on: August 20, 2024, 11:09:35 PM »

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Offline Hisbullah

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Re: Don't forget to HODL your BTC!
« Reply #181 on: August 21, 2024, 11:40:42 PM »
Investing in Bitcoin for the long term certainly has an element of time here, because it takes a long time to get big profits. Maybe you are right, the price of bitcoin will touch 1 million dollars but it will take a long time to hold it if you want that price. Because currently the price of bitcoin is $59K, prepare free funds that you have and don't use for a long time if you want to hold it for the long term.
As far as I know, if we want to hold Bitcoin for a long time, we must be patient. It is not easy to hold a long time, we must be deal with many bad news. When there are bad news, the price of Bitcoin should tend to drop. Sometimes the decrease can be quite massive. If we are not patient, we must quit soon at that time.

We don't know when Bitcoin can reach $100k. But I also really expect it because I want to sell at a high price. Yes, now Bitcoin is only $59k, it is still very far from $100k.  :'(
If you have decided to hold a long hold you should not care about bad news that attacks Bitcoin, use funds that are ready to lose. This is a suggestion of many members that I read here, it is indeed difficult for us to have the funds, because we also have the necessities of life. And worries to lose will always cross if you hear bad news.
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Re: Don't forget to HODL your BTC!
« Reply #181 on: August 21, 2024, 11:40:42 PM »

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Offline ajiz138

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Re: Don't forget to HODL your BTC!
« Reply #182 on: August 22, 2024, 06:06:28 PM »
If you have decided to hold a long hold you should not care about bad news that attacks Bitcoin, use funds that are ready to lose. This is a suggestion of many members that I read here, it is indeed difficult for us to have the funds, because we also have the necessities of life. And worries to lose will always cross if you hear bad news.
Make sure before we decide to hold bitcoin in the long term we must be ready with everything. We must get rid of the negative thoughts in our heads, because if we always follow that then there will always be panic every time, that is not good for our psychology.

Readiness is important, because we must always meet the needs of life, so make sure we are ready with all of that so as not to interfere with the investment we make.

Offline Vision pro

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Re: Don't forget to HODL your BTC!
« Reply #183 on: August 22, 2024, 06:32:45 PM »
If you have decided to hold a long hold you should not care about bad news that attacks Bitcoin, use funds that are ready to lose. This is a suggestion of many members that I read here, it is indeed difficult for us to have the funds, because we also have the necessities of life. And worries to lose will always cross if you hear bad news.
Make sure before we decide to hold bitcoin in the long term we must be ready with everything. We must get rid of the negative thoughts in our heads, because if we always follow that then there will always be panic every time, that is not good for our psychology.

Readiness is important, because we must always meet the needs of life, so make sure we are ready with all of that so as not to interfere with the investment we make.
We constantly do something to make a living.  Some people work and some people sit back and earn money by investing online.  Apart from all these you need to have some characteristics if you want to invest then considering your financial condition you can invest half of your money if you invest and half if you keep it for your life support then you are fine and if you keep the whole invested  If so, you are wrong.  Your observation is very relevant and necessary.  It is extremely important to be mentally prepared before holding Bitcoin or any cryptocurrency for the long term.  It is necessary to be free from negative thoughts and panic while investing, because otherwise it can affect our decision making ability and adversely affect our investment.  One last thing to say, whatever you do, you must keep everything in reserve for your live support.

Offline legend45

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Re: Don't forget to HODL your BTC!
« Reply #184 on: August 22, 2024, 10:04:55 PM »

We constantly do something to make a living.  Some people work and some people sit back and earn money by investing online.  Apart from all these you need to have some characteristics if you want to invest then considering your financial condition you can invest half of your money if you invest and half if you keep it for your life support then you are fine and if you keep the whole invested  If so, you are wrong.  Your observation is very relevant and necessary.  It is extremely important to be mentally prepared before holding Bitcoin or any cryptocurrency for the long term.  It is necessary to be free from negative thoughts and panic while investing, because otherwise it can affect our decision making ability and adversely affect our investment.  One last thing to say, whatever you do, you must keep everything in reserve for your live support.
If we have a lot of money, maybe we can sit back and let our money work. But I am not part of the rich, I am just a small investor. In addition to working to meet the needs of life as an employee, I am looking for additional income by investing in crypto. If I have a large capital like you said, maybe I will divide my finances, half for investment and half to meet the needs of life.
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Offline nakmantu99

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Re: Don't forget to HODL your BTC!
« Reply #185 on: August 23, 2024, 05:14:02 AM »
If you have decided to hold a long hold you should not care about bad news that attacks Bitcoin, use funds that are ready to lose. This is a suggestion of many members that I read here, it is indeed difficult for us to have the funds, because we also have the necessities of life. And worries to lose will always cross if you hear bad news.
Make sure before we decide to hold bitcoin in the long term we must be ready with everything. We must get rid of the negative thoughts in our heads, because if we always follow that then there will always be panic every time, that is not good for our psychology.

Readiness is important, because we must always meet the needs of life, so make sure we are ready with all of that so as not to interfere with the investment we make.
When investing, we must always be prepared for all the risks, because it is difficult to predict crypto prices which are very volatile. But if you choose to invest in Bitcoin, I think it is safe if we buy during a bearish season or when there is a correction before a bullish season. Currently, if we buy Bitcoin, it is still safe because the bull season will still occur in 2025

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Re: Don't forget to HODL your BTC!
« Reply #186 on: August 23, 2024, 09:06:19 AM »
If you have decided to hold a long hold you should not care about bad news that attacks Bitcoin, use funds that are ready to lose. This is a suggestion of many members that I read here, it is indeed difficult for us to have the funds, because we also have the necessities of life. And worries to lose will always cross if you hear bad news.
Make sure before we decide to hold bitcoin in the long term we must be ready with everything. We must get rid of the negative thoughts in our heads, because if we always follow that then there will always be panic every time, that is not good for our psychology.

Readiness is important, because we must always meet the needs of life, so make sure we are ready with all of that so as not to interfere with the investment we make.

Whether we remove any negative thoughts or not, investing on the long term has great benefits, and if any one is ready to invest on Bitcoin there should be no thought of losing funds at all because it is certain that the market must experience dump and some time a bearish market at certain periods. An investor will not consider the negative situations but will focuses in future.
Let remember that those who has invested on Bitcoin ten years ago might not have consider any negative thought otherwise, they might have invested at all. In facts, no venture no success, there is always risks in every business.

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Re: Don't forget to HODL your BTC!
« Reply #186 on: August 23, 2024, 09:06:19 AM »


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Re: Don't forget to HODL your BTC!
« Reply #187 on: August 23, 2024, 10:04:57 AM »
If you have decided to hold a long hold you should not care about bad news that attacks Bitcoin, use funds that are ready to lose. This is a suggestion of many members that I read here, it is indeed difficult for us to have the funds, because we also have the necessities of life. And worries to lose will always cross if you hear bad news.
Make sure before we decide to hold bitcoin in the long term we must be ready with everything. We must get rid of the negative thoughts in our heads, because if we always follow that then there will always be panic every time, that is not good for our psychology.

Readiness is important, because we must always meet the needs of life, so make sure we are ready with all of that so as not to interfere with the investment we make.
When investing, we must always be prepared for all the risks, because it is difficult to predict crypto prices which are very volatile. But if you choose to invest in Bitcoin, I think it is safe if we buy during a bearish season or when there is a correction before a bullish season. Currently, if we buy Bitcoin, it is still safe because the bull season will still occur in 2025
Yeah you are right, cryptocurrency is very volatile and because of that is now very risky, the price of a coin can change at anytime it goes up and come down and because of it some people loses money and yeah there are some coin that is safe to invest with such as Bitcoin if you are investing in Bitcoin you are safe, is also volatile but when there's a dip we don't worry Because it will certainly rise again this as been part of Bitcoin growth, if you go through the history of Bitcoin you will know that Bitcoin always dip but it never stopped the growth of Bitcoin, as an investor in Bitcoin dip is seen as an opportunity for one to accumulate more Bitcoin is not a time to panic like some people do, Bitcoin is a very nice investment, Bitcoin is the first crypto coin to be created and one of the best investment right now in the world and the best crypto coin, Bitcoin has made a lot of people rich the only time i will say there's a risk in Bitcoin investment is when you involve your self in Bitcoin trading but for those that are into Long term Bitcoin investment they don't have risk and they have nothing to fear all they should do is accumulate and also secure there Bitcoin investment so they won't dip hands into there coin.
If you are holding for a long term you don't need to bother yourself with those news and the dip in Bitcoin and i really don't know why some investors feel scared when ever there's a dip in Bitcoin is not a new thing it has been happening in Bitcoin and still Bitcoin keeps growing is just an opportunity for us to accumulate in a low price.

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Re: Don't forget to HODL your BTC!
« Reply #188 on: August 23, 2024, 02:04:12 PM »
Make sure before we decide to hold bitcoin in the long term we must be ready with everything. We must get rid of the negative thoughts in our heads, because if we always follow that then there will always be panic every time, that is not good for our psychology.

Readiness is important, because we must always meet the needs of life, so make sure we are ready with all of that so as not to interfere with the investment we make.
When investing, we must always be prepared for all the risks, because it is difficult to predict crypto prices which are very volatile. But if you choose to invest in Bitcoin, I think it is safe if we buy during a bearish season or when there is a correction before a bullish season. Currently, if we buy Bitcoin, it is still safe because the bull season will still occur in 2025
It should be like that, we will feel safe as long as the asset we hold is bitcoin. But it will also be a different story for those who have not been in the bitcoin space for long. The tendency to panic and so on will still be felt by them and it is big.

As someone who has been around for a long time and has gone through several major events, we must be able to encourage beginners, so that they are not controlled by fear.

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Re: Don't forget to HODL your BTC!
« Reply #189 on: August 23, 2024, 02:10:34 PM »
Investing in Bitcoin for the long term certainly has an element of time here, because it takes a long time to get big profits. Maybe you are right, the price of bitcoin will touch 1 million dollars but it will take a long time to hold it if you want that price. Because currently the price of bitcoin is $59K, prepare free funds that you have and don't use for a long time if you want to hold it for the long term.
As far as I know, if we want to hold Bitcoin for a long time, we must be patient. It is not easy to hold a long time, we must be deal with many bad news. When there are bad news, the price of Bitcoin should tend to drop. Sometimes the decrease can be quite massive. If we are not patient, we must quit soon at that time.

It's not just the bad news that we should deal, I think we are ok with that. It's that the mentality not to sell when the price is going up. Or be strong to continue to hold when the price is going down. Most of the time it takes some practice to really become strong and just continue to HODL.

We don't know when Bitcoin can reach $100k. But I also really expect it because I want to sell at a high price. Yes, now Bitcoin is only $59k, it is still very far from $100k.  :'(

That is everyone's goal here or at least that's what we have in mind, $100k is doable, and we should expect that we can go and reach it by the end of next year. So again with that, can everyone have the calmness and resilient to stay in the next 12 months or so?
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Online Azharul

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Re: Don't forget to HODL your BTC!
« Reply #190 on: August 23, 2024, 03:06:19 PM »
In this people who cannot accept the risk, they can not achieve his goal. Because cryptocurrency market is always depending on risk. I told that bitcoin is one of the best benefited crypto in the crypto market. In the crypto market who buy a bitcoin, i told don’t  sell it. I also told told that you could hold bitcoin. Because we know that if we do long time investment in bitcoin, i believe that it is not risk for us. So i believe that holding in bitcoin is correct decision for us.
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Offline satpol_PP

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Re: Don't forget to HODL your BTC!
« Reply #191 on: August 23, 2024, 10:30:43 PM »
In this people who cannot accept the risk, they can not achieve his goal. Because cryptocurrency market is always depending on risk. I told that bitcoin is one of the best benefited crypto in the crypto market. In the crypto market who buy a bitcoin, i told don’t  sell it. I also told told that you could hold bitcoin. Because we know that if we do long time investment in bitcoin, i believe that it is not risk for us. So i believe that holding in bitcoin is correct decision for us.
So far investing in bitcoin for long-term holding seems safe and has low risk because the price of bitcoin always goes up, even though it has been corrected several times. But when the bullish season we will see the price of bitcoin reach a new ATH.

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Re: Don't forget to HODL your BTC!
« Reply #192 on: August 23, 2024, 10:57:24 PM »
In this people who cannot accept the risk, they can not achieve his goal. Because cryptocurrency market is always depending on risk. I told that bitcoin is one of the best benefited crypto in the crypto market. In the crypto market who buy a bitcoin, i told don’t  sell it. I also told told that you could hold bitcoin. Because we know that if we do long time investment in bitcoin, i believe that it is not risk for us. So i believe that holding in bitcoin is correct decision for us.
So far investing in bitcoin for long-term holding seems safe and has low risk because the price of bitcoin always goes up, even though it has been corrected several times. But when the bullish season we will see the price of bitcoin reach a new ATH.
I also hold bitcoin for the long term but not much, because I focus more on investing in some altcoins that I think will give higher profits than bitcoin, I hold BNB, SOlana, TON and ripple. Although people say bitcoin is safe, that's true. but top coins for me are also safe to hold

 

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